Vermont Motorcycle Insurance Coverages
THE FOLLOWING ARE SUMMARIES OF COVERAGE. YOU SHOULD REVIEW YOUR POLICY FOR SPECIFIC TERMS OF COVERAGES THAT WILL BE IN FORCE. PAYMENT UNDER EACH COVERAGE IN YOUR POLICY IS SUBJECT TO YOUR SELECTED LIMITS.
Bodily Injury Liability Insurance protects you if you cause an accident in which other people are injured or killed. It pays for damages such as medical expenses, lost wages, pain and suffering, and death.
Property Damage Liability Insurance protects you if you cause an accident which results in damage to the property of others. It does not cover damage to your property.
Uninsured Motorist Bodily Injury
Uninsured Motorist Bodily Injury (UMBI) Insurance pays for bodily injury damages or death sustained in an accident caused by the owner or operator of an uninsured motor vehicle or a hit-and-run motor vehicle. An uninsured motor vehicle is one for which there is no bodily injury policy or liability bond available at the time of the accident. It also includes a motor vehicle that has a bodily injury policy or liability bond in effect, but with limits less than the limits of UMBI available to you.
Uninsured Motorist Property Damage
Uninsured Motorist Property Damage (UMPD) Insurance pays for damage to your property sustained in an accident caused by the owner or operator of an uninsured motor vehicle or hit-and-run motor vehicle. An uninsured motor vehicle is one for which there is no bodily injury policy or liability bond available at the time of the accident. It also includes an underinsured motor vehicle. UMPD is subject to a limit of $10,000 and a $150 deductible.
Medical Expense Insurance pays for damages such as reasonable medical or chiropractic expenses for bodily injury, sickness, disease or death suffered by you or your passenger as a result of an accident. Medical Expense coverage is subject to a $50 deductible.
Comprehensive Insurance pays for accidental damage to your motorcycle caused by events such as fire, severe weather, vandalism, floods, theft, or contact with animals. It does not cover damage resulting from collisions or rollovers. Comprehensive coverage is subject to a deductible.
Collision Insurance pays for accidental damage to your motorcycle caused by colliding with an object or rolling over, regardless of fault. It does not cover damage caused by contact with animals. Collision coverage is subject to a deductible.
Optional Equipment/Special Equipment
Optional Equipment/Special Equipment Insurance pays for the loss of or damage to any equipment or accessory permanently installed on the motorcycle that is not factory standard as defined by the manufacturer. The manufacturer's standard equipment is identified by the Vehicle Identification Number. To determine the amount of Optional Equipment coverage needed, identify the value of each piece of optional equipment and the value of the factory standard equipment it replaced. The difference between the two is the amount of Optional Equipment coverage you should consider purchasing.
Physical Damage Plus
Physical Damage Plus Insurance pays to repair your motorcycle with parts designated as genuine, original equipment from the manufacturer of your motorcycle.
Excursion Diversion Insurance provides additional benefits in the event you are involved in an accident occurring 100 miles or more from your principal place of residence. It pays for transportation, lodging, food, lost deposits and towing charges. It also provides additional coverage for safety apparel damaged in an accident.
Rental Reimbursement Insurance pays for transportation expenses you incur while your motorcycle is being repaired due to a covered loss.
Replacement Cost Insurance pays to replace your motorcycle if it is determined to be a total loss as a result of an accident. To be eligible for this coverage, the motorcycle must have been previously untitled, purchased within the last 90 days, and must be less than three model years old. This coverage does not include payment for optional equipment.
Roadside Assistance provides toll-free, 24 hour towing and roadside service when your motorcycle is disabled due to mechanical or electrical breakdown. It includes assistance for battery failure, flat tires, lock-out, and insufficient supply of fuel, oil, fluid or water.